Sick leave for retirement

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Q: I will have about 1,100 hours of sick leave. Can I retire about five months earlier than expected with this?

A: No. First you have to meet the age and service requirements to retire. After that, if you are a CSRS retiree, you’ll get credit for any unused sick leave and have it used in the computation of your annuity. If you are a FERS retiree, you’ll only get credit for half of your unused sick leave, unless you retire on or after January 1, 2014.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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